CAE (Capital Asset Exchange & Trading)
CAE (Capital Asset Exchange & Trading) Photos
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- Comp & Benefits
- Work/Life Balance
- Senior Management
- Culture & Values
- Career Opportunities
I have been working at CAE (Capital Asset Exchange & Trading) full-time (more than a year)Pros
- Extremely high, uncapped bonuses
- Extremely bright people
- Learn transferable deal skills, negotiation, and client service
- Travel to Europe, Asia regularly
- Work with clients all over the world
- Amazing business model, and growingCons
- Management pushes us very hard to get results
- Trading is a tough business to manage emotionally
- I would like more feedback
- Internal rules for managing competition need to be improved
- Technology improvement needs to continueAdvice to ManagementAdvice
- Keep improving communication
- Clearer promotion path for new people
- We need more weekly competitions
- The new training program is excellent, but needs to be expanded to existing peopleRecommendsPositive OutlookApproves of CEO
Getting an Interview
Getting an Interview
- Application Details
I applied online. The process took 3 weeks – interviewed at CAE (Capital Asset Exchange & Trading) in February 2015.Interview Details
Be warned this is a "sales job"(prospecting, qualifying, closing deals as though you were car salesman)--they're trying to recruit people from financial services because they know they are used to working a lot of hours and are intelligent. They will try to wow you with this idea you can easily make 400k a year--as we all know that is not easy in any sales environment. Very disorganized process if you are coming from an elite company or top tier firm--I don't think their HR knows how to handle the recruitment and candidate process.
Initial call with HR, phone interview with Director of Trading, multi day "super day" style interview--you will receive no schedule for these interviews and it will most likely be very disorganized--you'll be lucky if you have a confirmed time to arrive for the interview within 24 hours of the scheduled interview date. As a mid-career candidate, I felt the interview process was geared toward new analysts (i.e. first job out of college style super days). The general culture is fairly egotistical and definitely strikes me as a boiler room mentality, however, the team must realize that for a candidate coming from a top tier firm (in my case a bulge bracket Wall Street firm), one will not be purely impressed at where someone went to school. During the on-site interview they have you take a logic and personality test--this is new, so most of their employees have never taken this test and probably wouldn't pass it. They have you do this "valuation exercise"--they give you access to their system with minimal information and you have to put at value on 3 different products using past sales and current sales data mainly. I happened to ask a question during this due to my unfamiliarity with system, to be met with a snide smirk and remark from someone who seemed to think he is smarter than the rest of the world because he went to an ivy for undergrad--unimpressed. Also, coming from finance this is nothing like doing a dcf valuation or bond valuation, so don't be confused.
The positives would be some of the traders seem like personable and intelligent individuals and the CEO and President both seem like they're intelligent and savvy.
Following the lack of organization and respect for me as a candidate in the process, I emailed the HR director to express my dissatisfaction with the process, which was met with a response from the CEO where he apologized for the lack of professionalism by the HR director.
I would just warn one to be very cautious with this company--seems as though they could be in a niche, however, you will need to weigh out the positives with the negatives.Interview Questions
No OfferNegative ExperienceAverage Interview
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CAE is the largest and most active capital equipment marketplace in the world, completing more than 2,000 transactions each year across North America, Europe, and Asia. We are now moving into the second phase of our growth strategy, providing completely integrated solutions, new technology, and new services to our key markets.
Mission: CAE is dedicated to generating real value for our clients & employees. We believe that providing the highest quality products & services to clients is directly related...